During the week ending November 15, pre-painted galvanized iron (PPGI) prices in the Chinese domestic market have continued their stable trend. Average PPGI prices in the Chinese market can be viewed in the SteelOrbis price reports section.
During the given week, activity in the Chinese domestic PPGI market has been quiet, and traders prefer to maintain a wait-and-see stance and to watch for future market developments. PPGI inventories at domestic mills are still a little higher than normal, while end-users are only purchasing in line with their needs. It is expected that in the coming week Chinese domestic PPGI prices will continue to move on a sideways trend.